A started a business with an investment of rs/- 2800. After some months b joined with investment of rs/- 3600 and 2 months after b joined, c joined with an investment of rs/- 5600. If the as and cs share m annual profit was equal, for how many months did c invest? A)4 b)6 c)8 d)10
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Answer:
A invested = Rs. 2800
B invested = Rs. 3600
C invested = Rs. 5600
Here, A started the business that means A has invested for a period of 12 months.
So, let B’s investment be for a time period of “x” months and C’s investment be for a period of “x-2” months, as C has joined 2 months after B.
We know,
Profit = Investment * Time
Also given,
A’s annual profit share = C’s annual profit share
Therefore, we can write
2800 * 12 = 5600 * (x - 2)
⇒ 33600 = 5600 x – (5600 * 2)
⇒ 33600 = 5600 x – 11200
⇒ 44800 = 5600 x
⇒ x = 8 months
∴ C’s time of investment = x- 2 = 8 – 2 = 6 months
Hence, C has invested for a period of 6 months.
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